What? Being demonized is not good for business?
Martha Stewart Omnimedia admits in a filing this morning that the constant pounding its founder and CEO is receiving in the media may be having some negative effect on the company’s performance. “We cannot currently predict with any certainty the extent of the impact these investigations will continue to have on our business due to the uncertainty of the timing and nature of their resolution,” the company said. (No word yet on whether any big inside trades were placed immediately before the filing.)